The KE Report, Released on 5/20/24

Craig Hemke, Editor of TF Metals Report, joins us to review the breakout in silver, while both gold and copper continue rallying, and the further surge in #preciousmetals stocks. The metals even larger #commodities sector is in a bullish posture with many component sectors and ETFs making new 52 week highs and some charts even making new all-time highs. This has all happened in the backdrop of a strong US equities markets, and where the Fed hasn’t even begun to cut rates yet. If the equities were to slow down their pace, and some funds rotated over the resource stocks for more momentum, then we could really see some more sustained moves higher when the #Fed starts actually cutting rates. The last few months have been quite constructive in this sector, and it looks like this move could have some legs to keep running.

Known primarily by his nickname “Turd Ferguson,” Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.

  Craig Hemke, gold, precious metals, silver